- Bitcoin Cash price is trading in the green, up with gains of 21.35% in the second half of the session.
- BCH/USD bullish momentum has carried it firmly out of a narrowing daily range that had been containing the price since late September.
- The price is trading back at its highest level seen since 24 September.
BCH/USD daily chart
The bulls have smashed out from a narrowing range-block formation, leaving the door open to further potential upside pressure.
BCH/USD 60-minute chart
Upside momentum has run its course so it appears via the 60-minute view, as the latest candles start producing wicks.
Spot rate: 257.89
Relative change: +21.45%
High: 273.44
Low: 212.13
.
Share
